Fuel Price Increase: Once More, FG Rejects Govs’ Advice, Says No to N380/Litre Proposal
Federal Government again on Friday maintained its stance, insisting that no decision…
Shell appoints first female MD for exploration arm SNEPCO
Global energy firm Shell has announced the appointment of Mrs Elohor Aiboni,…
Bayelsa govt seeks to reacquire OML 46 licence despite DPR’s stance
Indications have emerged that the Bayelsa Government has not given up on…
Dangote Refinery: Bailing Out The Unbailable – By David Bako
It was hailed as the best thing to happen in the oil…
Nigeria earned $34bn, lost $2.77bn to crude oil theft in 2019 – NEITI
Nigeria lost 42.25 million barrels of crude oil valued at 2.77 billion…
Fuel Price To Increase After Buhari Signs PIB – Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday,…
DPR Shuts Down 103 Filling Stations, 13 Gas Plants In Lagos
The Department of Petroleum Resources (DPR) on Tuesday said that it has…
Lai Mohammed: FG spends N60bn annually to repair vandalised oil, gas points
The Minister of Information and Culture, Alhaji Lai Mohammed, says N60 billion…
‘Track PIB implementation’ – Lawan urges lawmakers
President of the Senate, Dr. Ahmad Lawan, has urged lawmakers to track,…
Oil producing states deserve more than 3 per cent allocation – IPMAN Chair
Mr Joseph Obele, Chairman, Rivers State Chapter of the Independent Petroleum Marketers…
How Nigeria ‘accidentally’ discovered 206trn cubic feet gas reserve– Sylva
Minister of State for Petroleum, Chief Timipre Sylva, has said that the…
Rainoil: No gas leakage in our depot
Rainoil Ltd has assured residents of Ijegun-Egba Community in Lagos State, where…
Nigeria, other members lost $1trn to oil price plunge in 2 years – OPEC scribe
The Secretary-General, Organisation of Petroleum Exporting Countries( OPEC), Dr. Mohammad Barkindo, has…
Kerosene, Diesel Most Expensive in Ebonyi, Benue In April — NBS
National Bureau of Statistics on Tuesday has said that Kerosene and diesel…
Nigeria’s Rig Count Drops By 67% in April 2021
Organisation of Petroleum Exporting Countries, OPEC, revealed that Nigeria’s rig count has…
Petrol Imports Rose By 100 Million Litres In January – NNPC
Latest figures from the financial and operations report of the Nigerian National…
Oil Industry Generated N23.8bn VAT in First Quarter – NBS
A report released by National Bureau of Statistics (NBS) said that the…
Colonial Pipeline Paid Hackers $5 Million In Ransom
Colonial Pipeline Co. paid nearly $5 million as ransom to East European…
Nigeria’s Revenue Crisis May Worsen as India Slashes Crude Imports By $39.5bn
Nigeria’s revenue earning capacity has come under threat following the reduction of…
We can’t continue fuel subsidy – FG
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the…
Subsidy payment: NNPC slashes contribution to federation account
The Nigerian National Petroleum Corporation (NNPC) says increasing payment on fuel subsidy…
Shell’s pipeline spills 213 barrels of crude into Bayelsa community
The Okordia-Rumekpe 14-inch crude truckline operated by Shell Petroleum Development Company (SPDC)…
We’ll ensure no petroleum pump price increase- APC
The All Progressives Congress (APC) has assured that the pump price of…
Petrol queues resurface in Abuja over price hike, scarcity speculation
Long queues have reappeared in Abuja for the purchase of Premium Motor…
Why FG alone can’t crash cooking gas price – Marketers
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says the Federal…
Shell confirms oil spill in Bayelsa community
The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its…
Fuel scarcity looms as tanker drivers threaten strike
The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas…
We will Maintain Current Petrol ex-Depot Price- NNPC
The Nigerian National Petroleum Corporation (NNPC) says it will maintain the…
Nigeria Doesn’t have Resources to Build New Refineries Now – Kyari
The Nigerian National Petroleum Corporation (NNPC) has said that the country…
”We are doing rehabilitation, not turnaround maintenance” – NNPC
The Nigerian National Petroleum Corporation (NNPC) said on Monday that the…